Australia's AUSTRAC Fines Cryptolink as Part of Crypto ATM Crackdown

Australia's financial intelligence agency, AUSTRAC, has imposed a significant fine on Cryptolink, a company operating in the cryptocurrency sector, as part of a broader initiative aimed at tightening regulations and enforcement related to cryptocurrency ATMs across the nation. This crackdown is part of AUSTRAC's ongoing efforts to ensure compliance with anti-money laundering laws and to enhance the integrity of the financial system in the evolving landscape of digital currencies. source: https://www.coindesk.com/policy/2025/10/30/australia-s-austrac-fines-cryptolink-as-part-of-crypto-atm-crackdown